World Bank

India remains on top with $125 bn inward remittances

20 Dec 2023

India continues to be the largest recipient of overseas remittances, with inward flow of $125 billion in 2023, a 12.3 per cent surge

World Bank warns Middle East conflict could trigger global commodity and oil price surge

31 Oct 2023

The World Bank has sounded the alarm, cautioning that the ongoing conflict between Israel and HAMAS in the Middle East has the potential to significantly

India jumps 6 places to Rank 38 in World Bank’s Logistics Performance Index 2023

02 May 2023

World Bank’s role crucial in ensuring food, energy and climate finance: Nirmala Sitharaman

25 Oct 2022

Central bank rate hikes pose risk of global recession: World Bank

27 Sep 2022

World Bank fears a possible rerun of the 1970s ‘stagflation’

09 Jun 2022

Stagflation is a situation when high prices – mostly of oil and food - cause high inflation worldwide even as economies dependent on imports face recession

World Bank pegs India’s FY23 economic growth lower at 8%

14 Apr 2022

World Bank gets donors’ backing for $280 million Afghan aid programme

13 Dec 2021

Debt burden of LDCs shot up to $744 billion in 2019: IDS report

16 Oct 2020

World Bank to offer $12 bn in vaccine loans to developing countries

15 Oct 2020

World Bank lowers India's FY20 GDP growth projection to 6%

14 Oct 2019

The World Bank report also noted a widening of the current account deficit to 2.1 per cent of GDP in 2018-19 from 1.8 per cent a year before, mostly reflecting a deteriorating trade balance

Sluggish economy pulls India down to 7th position in World Bank ranking

05 Aug 2019

World Bank ends financing of Amravathi project as Delhi backs out

19 Jul 2019

World Bank sees global growth slowing to 2.6% in 2019

06 Jun 2019

India to grow at 7.5% in FY19-20: World Bank

06 Jun 2019

Government figures released on Friday showed India’s GDP growth rate declined to 5.8 per cent in the January-March quarter of the 2018-19 financial year, hitting the slowest in the past 17 quarters

India top recipient of remittances with an estimated $80 bn in 2018

10 Dec 2018

The average cost of remitting in South Asia also remained the lowest at 5.4 per cent, while Sub-Saharan Africa continued to have the highest at 9 per cent

India up 23 places in World Bank’s Ease of Doing Business ranking

01 Nov 2018

With a total jump of 53 places in just two years, India in now the most business-friendly economy in South Asia and Prime Minister Narendra Modi says his government is committed towards more business-related reforms

World Bank sees India’s GDP growing at 7.3% in 2018-19

07 Jun 2018

India will remain the fastest growing economy for the next three years, with GDP growth of 7.3 per cent in 2018-19 and 7.5 per cent in the next two as ‘factors holding back growth in India fade’, says a World Bank report

World Bank to provide additional $500 mn for rural roads

31 May 2018

India’s electrification programme scores high in World Bank report

04 May 2018

Bill Gates, World Bank embrace Aadhaar technology amidst doubts in India

04 May 2018

India remains at top of global remittances chart with $69 bn in 2017

24 Apr 2018

Remittances to India picked up sharply by 9.9 per cent to $69 billion in 2017, reversing the previous year's dip, but were still short of the $70.4 billion received in 2014

GST woes: India ends up with one of the most complex and highest tax rates

16 Mar 2018

There are only five countries in the world including India which have four or more tax rates of GST, according to the World Bank’s bi-annual India Development Update, And the top slab of 28 per cent is the second highest of 115 countries surveyed


Word Bank to review 'Doing Business' rankings amidst Chile criticism

15 Jan 2018

While India under right-wing Narendra Modi jumped 30 places to100th among 190 countries, Chile under socialist President Michelle Bachelet continued to descend from 34th in 2014, the year Bachelet took office, to 55th currently

IMF, World Bank call for tighter financial sector regulation in India

22 Dec 2017

Reserve Bank of India should be better equipped to pro-actively supervise banks and deal with issues related to bank boards, says an IMF-World Bank financial sector assessment report